XJO 0.30% 7,759.6 s&p/asx 200

thurs pm shutting barn doors

  1. 9,803 Posts.
    This is an unusual correction in my experience. It has been fought by the bulls almost all the way, with streaks of capitulation but no 2% down days. Its been a fight mainly in usa markets, and elsewhere because of the global implications. So, its been a very tricky correction to trade because of the lack of capitulation, the lack of urgency locally, and the hour of night in which the main fight happens. Now that I'm finally comfortable with it, it will probably rebound. Any rebound will be limited however unless there is a drop in yields, or oil, or some excuse for the us fed to lower rates and allow the spin doctors to out the truth. hah a ha. thats ha! Ha!HA! in case you missed it, a comment on the latter pRT OF ABOVE. CHEERS1


 
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